Skype Files Claim Against Joltid Over License Agreement

* Reuters is not responsible for the content in this press release.

Wed Apr 1, 2009 5:00pm EDT

SAN JOSE, Calif.--(Business Wire)--
Skype, a division of eBay Inc. (NASDAQ: EBAY), is asking a U.K. court to resolve
a dispute with Joltid Limited, which owns peer-to-peer communication technology
licensed by Skype for use in its software. In a recently filed claim with the
English High Court of Justice in London, Skype is asking the Court to find that
Joltid`s efforts to terminate the agreement are invalid and that Skype is not in
breach of the licensing agreement. 

The licensing agreement dispute was previously disclosed by eBay in its most
recent annual report, issued February 20. The report states that Skype
terminated a "standstill" agreement, allowing either party to take action
against the other beginning in March. Joltid is attempting to terminate the
agreement based on allegations that Skype has breached its terms. Skype strongly
refutes those allegations and is confident of its legal position. 

About Skype

Founded in 2003, Skype is revolutionizing the way people communicate around the
world. Skype has more than 405 million registered users globally who use Skype
software to communicate for free through voice and video calls as well as
instant messages. Skype generates revenue through its premium offerings, such as
calls made to and from landlines and mobiles, voicemail, call forwarding, and
SMS. Skype is used in almost every country on Earth, and people have made more
than 100 billion minutes worth of free Skype-to-Skype calls. Conversations over
Skype can take place on computers, mobile devices and Skype Certified hardware.
Skype certifies and sells hundreds of hardware products from more than 50
partners, and works with hundreds of third-party developers who have created
plug-ins to extend Skype`s functionality. 

About eBay Inc.

Founded in 1995, eBay Inc. connects hundreds of millions of people around the
world every day, empowering them to explore new opportunities and innovate
together. eBay Inc. does this by providing the Internet platforms of choice for
global commerce, payments and communications. Since its inception, eBay Inc. has
expanded to include some of the strongest brands in the world, including eBay,
PayPal, Skype, StubHub, Shopping.com, and others. eBay Inc. is headquartered in
San Jose, California. 

Forward Looking Statements

This filing contains forward-looking statements relating to the litigation
between Skype and Joltid. Those statements involve risks and uncertainties,
including the possibility of an adverse result and its potential impact on the
operation of Skype`s business, and actual results could differ materially from
those discussed. More information about factors that could affect eBay`s
operating results can be found in the company`s most recent annual report on its
Form 10-K and its subsequent quarterly reports on Form 10-Q (available at
http://investor.ebay.com or at the SEC`s website at www.sec.gov.) All
forward-looking statements are based on information available to eBay on the
date hereof, and eBay assumes no obligation to update such statements. 





eBay Inc.
Jose Mallabo, 408-376-7458 (Media)
Vandana Hariharan, 408-376-5877 (Investor) 



Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.